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SCC Item 4. Rogers Ice Arena Funding PartnershipTO: Mayor and Councilmembers FROM: Adam Flaherty, City Administrator/Finance Director DATE: July 14, 2025 SUBJECT: Rogers Ice Arena – Funding Partnership Request __________________________________________________________________________________________________ In February 2025, representatives from the Rogers Youth Hockey Association (RYHA) attended a City Council meeting and provided comment during the open forum portion of the meeting. The request from RYHA was for Otsego to participate in ongoing conversations about the addition of a second sheet of ice at the Rogers Activity Center (RAC). Since that time: March 4: City Administrator Flaherty and Parks & Recreation Director Jacobs met with staff members from the City of Rogers. We reviewed and discussed current project cost estimates, project timelines, cost sharing and funding source estimates, and ongoing project components. The City of Rogers was in the process of requesting proposals from Construction Management firms and it was agreed that until that phase was complete, that meeting again was premature until additional information was available. June 26: City Administrator Flaherty, Councilmember Lund, and Parks & Recreation Director Jacobs attended a meeting, with attendance including RYHA, City of Rogers Staff, a Rogers City Councilmember, and a Rogers Booster Club Representative. Additional Information: -Through these meetings and review of City of Rogers Council packets/minutes, that the City of Rogers and RYHA agreed to a term sheet at a meeting on May 28, 2024. -RYHA membership is approximately 600 skaters, with approximately 60% of those skaters from Otsego. -Architectural design is approximately 90% completed and has been paid by RYHA to date. -Rogers staff indicate that usage of open skate or facility rentals are available to Otsego residents at the same rate as residents of Rogers or any other community are charged. Summary Conclusion Since the agreement between the City of Rogers and RYHA in 2024, estimated project costs have increased. A significant financial gap exists for this project to move forward, and it has been requested that the City of Otsego consider a financial contribution given that the facility and proposed expansion are used by members of the Otsego community through high school athletic programs, youth athletic programs, and through general recreation opportunities. Discussion The purpose of discussion at the City Council meeting is to share information gathered, to review potential funding sources and determine next steps. SCC Item 4. 3.5% Interest 4% Interest 4.5% Interest Rate Rate Rate Inputs Total Project Costs* Estimated Year of Build 2026 2026 2026 Annual Inflation Rate 0% 0% 0% Estimated Cost 16,790,912 16,790,912 16,790,912 Financing Costs Bonding Amount 11,477,781 11,477,781 11,477,781 Bond Term 20 20 20 Financing Costs 2% 2% 2% Interest Rate 3.5% 4.0% 4.5% Annual Payment 823,741 861,446 900,015 Estimated Project Costs Construction Costs (Inflated) 16,790,912 16,790,912 16,790,912 Interest and Financing Costs 4,997,035 5,751,145 6,522,517 Total Estimated Project Costs 21,787,947 22,542,057 23,313,429 Projected Revenue Sources City Funding** Park Dedication 313,131 313,131 313,131 Ice Plant 2,000,000 2,000,000 2,000,000 Naming Rights 2,746,000 2,746,000 2,746,000 Operating Income ($120,000/year)* 2,400,000 2,400,000 2,400,000 Rogers Youth Hockey Association Capital Contribution/Down Payment 3,000,000 3,000,000 3,000,000 Annual Contributions (20 Years @ $300,000/yr) 6,000,000 6,000,000 6,000,000 Other Sources Hennepin County Youth Sports Equipment Grant 300,000 300,000 300,000 ISD 728/Booster Club (Girls Locker Room) 537,819 537,819 537,819 Otsego - - - Total Projected Revenue Sources 17,296,950 17,296,950 17,296,950 Funding Gap - Total 4,490,997 5,245,107 6,016,479 Funding Gap - Annual 224,550 262,255 300,824 Cash on Hand Required to Fill Gap 3,128,817 3,494,251 3,836,371 * Project costs include architects, engineers, construction managers, construction contractors, etc. ** City of Rogers RAC Second Sheet of Ice RJM Construction The City of Rogers is also providing land, site preparation, and a parking lot, which is not included in the above costs. The total of these costs are $2,971,000. Minnesota Gambling Control Board 1711 West County Road B, Suite 300 South Roseville, MN 55113 651-539-1900 www.mn.gov/gcb Minnesota Statutes, section 349.213, subdivision 1, paragraph (f)(2), allows a local unit of government to require, by ordinance, a licensed organization to contribute up to 10% of the organization’s net profits derived from lawful gambling to a fund administered by the local unit of government. Net profits are gross profits less sums actually expended for allowable expenses and amounts paid in taxes assessed on lawful gambling. The funds must be disbursed by the city for charitable contributions as defined by section 349.12, subdivision 7a:  A city may donate 10% lawful gambling funds:  For activities and facilities for youth under age 21.  To a 501(c)(3) organization provided that the city does not retain control of these funds.  To a scholarship fund.  To relieve the effects of poverty, homelessness, or disability (for example, a homeless shelter).  To a program for the education, prevention, or treatment of problem gambling.  For recognition of military service (free and open to the public) or support for active military personnel and their immediate family members in need.  To a church.  With Minnesota Pollution Control Agency (PCA) approval, for citizen monitoring of surface water quality by individuals (requires submitting data to the PCA).  With Minnesota Department of Natural Resources (DNR) approval, for wildlife management projects or activities that benefit the public-at-large; grooming or maintaining snowmobile or ATV trails, or other trails open to public use; supplies and materials for DNR-coordinated safety training and education programs.  For nutritional programs, food shelves, and congregate dining programs primarily for persons age 62 or older or disabled.  For community arts organizations, or sponsorship of community arts programs that are free and open to the public.  For humanitarian service, recognizing volunteerism or philanthropy.  A city may not transfer 10% lawful gambling funds to other city accounts (for example, its own parks and recreation department, or police or fire department). A city may, however, purchase equipment and pay for services to train police, fire, or other public safety-related services, and payment must be written directly to the vendor. Examples include purchasing a police car, a fire truck, playground equipment, and training courses for police and firefighters.  If a city contracts out for law enforcement services or other emergency services, it may spend 10% lawful gambling funds for those services (excluding pension obligations). The check must be written directly to the outside entity providing those law enforcement services.  While a city may not donate 10% lawful gambling funds to its city parks and recreation department, it may donate 10% funds for playground equipment within a city park (allowed under activities and facilities for youth under age 21), or for construction or maintenance of a veterans memorial within a city park (recognition of military service). The checks must be written directly to the vendor. (Also, playground equipment and veterans memorials need not be located in a city park.) The city must submit form LG510 City or County Annual Report, 10% Lawful Gambling Contribution Fund, to the Minnesota Gambling Control Board by March 15 of each year describing the amount collected, details for disbursement, and any balance. The LG510 is available at www.mn.gov/gcb. The Board will continue to monitor the receipt, proper disbursement, and fund balances. If you have any questions about what is or is not allowed, please call the Minnesota Gambling Control Board at 651-539-1951. Guide for Cities How Cities May Spend 10% Lawful Gambling Contributions Required from Charities Cities that collect funds from charitable gambling proceeds must spend the money the same way as charities do— for defined charitable purposes. 10/18 City of OtsegoLawful Gambling FundCash Flow SummaryRevised: July 11, 2025Actual Actual Actual Actual Actual Actual2020 2021 2022 2023 2024 2025RevenuesLawful Gambling 57,686$ 54,037$ 50,915$ 17,219$ Investment Interest (3,039) 4,932 7,789 - Transfers In 82,349 - - - Total 136,996 58,969 58,704 17,219 ExpensesSupplies - - - - Other Charges & Services - - - - Capital Outlay - 57,944 - - Capital Outlay (CIP) - - - - Transfers Out - - - - Total - 57,944 - - Cash Balance - Beginning- 122,644 123,052 183,088 Balance Sheet Effects (14,352) (617) 1,332 13,636 Revenues 136,996 58,969 58,704 17,219 Expenditures - (57,944) - - Cash Balance - Ending 122,644$ 123,052$ 183,088$ 213,943$ LAWFUL GAMBLING TRACKINGRogers Youth Hockey 22,409 56,267 53,758 49,034 43,273 13,817 Rogers Lions 445 3,228 3,928 5,003 7,642 3,402 Total 22,854 59,495 57,686 54,037 50,915 17,219 Difference (0) - - - Y:\Budget\2026\Cash Flows\Special Revenue Funds216-Lawful Gambling